Retail Sales (YoY)
Most recent - Friday 18 October 2024 06:00
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Next event - Friday 22 November 2024 07:00
The typical/expected impact on GBP pairs is medium.
The consensus forecast for Retail Sales (YoY) is 3.4%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Trading range
Forecast history
The most recent announced value for Retail Sales (YoY) was 3.9% against a forecast of 3.2%.
Past events
Economic context
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bearish change | 0.2% | -0.1% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.5% | 0.1% | ||
| Gross Domestic Product (YoY) | Bullish change | 0.7% | 1% | ||
| Industrial Production (MoM) | Bearish change | 0.5% | -0.5% | ||
| Manufacturing Production (MoM) | Bearish change | 1.3% | -1% | ||
| Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 4.9% | 4.8% | ||
| Average Earnings Including Bonus (3Mo/Yr) | Bullish change | 3.9% | 4.3% | ||
| Claimant Count Change | Bearish change | 10.1K | 26.7K | ||
| Claimant Count Rate | (no change) | 4.7% | 4.7% | ||
| Employment Change (3M) | Bearish change | 373K | 219K | ||
| ILO Unemployment Rate (3M) | Bearish change | 4% | 4.3% | ||
| BoE MPC Vote Rate Cut | Bearish change | 1 | 8 | ||
| BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
About Retail Sales (YoY)
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |
Related events
